Agrium Enters Agreement to Sell Storage and Distribution Assets

Daniel Jacobs Posted by Dan Jacobs|6 January 2015

Agrium Inc. has entered into a definitive agreement to sell its Niota and Meredosia storage and distribution facilities to subsidiaries of Trammo, Inc. The sale price is approximately $50-million. The sale is related to the discontinuation of Agrium’s North American purchase for resale business, a decision that was made as part of Agrium’s recent portfolio review process.  anticipated to close by the first quarter of 2015.

Read more about the sale here.

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